Search Results for: cryptocurrency

In the beginning, people were investing in bitcoin because it gave people opportunities to make a big profit. People have become millionaires because of this mentality, especially with people who have invested in bitcoin since the very beginning (considering the price spike that bitcoin experienced in late 2017). In today’s …

In the past few weeks, the most popular cryptocurrency Bitcoin has been breaking records. This rally has been followed by millions of investors around the world. On May 24th, Bitcoin hit a record high of $2.791.69. But this rally was over with just a few days later. On the 29th, …

Blockchain. It’s the perfect database, the savior of the economy and the answer to all of humanity’s ills – or at least, that’s what its advocates will tell you. But how much of the posturing and boasting that surrounds blockchain is actually true? Inevitably, the answer depends on what you …

Since its invention in 2008, blockchain technology has depicted, in numerous ways, the positive impact it can have on different sectors. The finance and banking sectors have particularly married well with this technology and still continue to show signs of disrupting the respective traditional industries. What makes blockchain a super …

Digital currency trading a.k.a. cryptocurrency comprises Bitcoin and Altcoins. As one of the hottest investment categories on the market, cryptocurrency has captivated the attention of traders around the world. The explosive growth in 2017 alone is reason to stand up and take notice. Weiss Finance trading expert Pearson Montgomery advises …

To us, the ECB’s superficial, amusing take on BitCoin was merely a source of (Friday) humor. To others, such as Tuur Demeester, the ECB’s report on “Virtual Currency Schemes” which was merely a confused attempt to validate the Euro by bashing a prototype electronic currency that others have written far more informed articles …

The ravages of a Brexit have failed to dissuade investors from plowing money into the UK’s burgeoning FinTech sector. Foreign investment levels in the United Kingdom’s FinTech arena are soaring, in spite of the exodus of European Union migrant workers, and lower levels of net migration into the UK. British …

When it comes to politics, the world seems to be getting more and more polarized. Looking at the USA as an example, you can see that in pretty much any national election, the USA now has clear “blue” and “red” states, in a manner that would have been simply unimaginable even …

It may soon be against the law for Russians to possess Bitcoin (BTC) or other digital currencies. Legislation put forward by Russia’s Ministry of Finance would ban all digital currencies and impose a range of financial penalties on individuals and companies caught creating, generating, or using “quasi-money.” Websites associated with the digital currency market …

With the next Bitcoin halving expected in May, speculation about the currency has been rife. The two times this has happened before resulted in a surge in the Bitcoin price. Could this year’s halving follow a similar pattern? Before you start to dream about all the flights that your newfound …

The performance of Bitcoin in the last few years has made the once easily-dismissed digital currency a serious contender in the financial markets, even for those who don’t understand the basis for its value. While the concept may still be difficult to grasp (the cryptocurrency is notoriously difficult to explain …

When I was a kid growing up in the early 80s, the United States was the undisputed dominant superpower in the world. The US dollar was awe-inspiring; on a trade-weighted basis, the dollar index was at an all-time high, and had never been as strong ever before… or since. And …

When bitcoin first emerged, it did so as a digital currency. Supporters of the new venture were convinced that it would supplant fiat currency and become the new normal, used in day-to-day transactions and as a storage of wealth simultaneously. Even now, bitcoin is commonly defined as a “digital currency,” …

In an ominous turn of events, Hurricane Irma rapidly gathered momentum to become a Category 5 storm with raging winds in the region of 185 mph. As it bears down on the Florida coast line, the US is bracing for maximum impact. This Act of God has the capacity to …

Simply put, financial independence is defined as having enough wealth to sustain your lifestyle for the foreseeable future. You can achieve financial independence by having enough saved up to last you a lifetime or by having sufficient passive income streams to support you. In this post, we’ve highlighted the four …

Economic theory is like a layer cake: Explanations within one layer make sense, but once you move to another layer, they no longer apply. Economist Steve Keen‘s new book “Can We Avoid Another Financial Crisis?” is an illustrative example. The good news is that Keen accurately describes the current economic …